RETURNS

4.23 %

Fund Type

Open Ended

Investment Plan

Dividend Reinvestment

Expense Ratio

0.6 %

Benchmark

CRISIL Composite Bond Fund TR INR

Asset Size

1080.45 Cr.

Risk

Moderate

Objective

To seek to generate income by investing primarily in debt and money market securities.

Fund manager

Shriram Ramanathan

(since 02 Feb, 2015)

Exit load

2 %

(If redeemed within 365 days)

Minimum sip

₹ 1000

minimum investment

₹ 5000

Top Holdings

This fund is been allocated in various sectors including some of the prominent ones that are widely accepted and are creating a value of trust.

Company

Assets

Reliance Ports And Terminals Limited

5.59 %

Green Infra Wind Energy Limited

4.61 %

Coastal Gujarat Power Limited

4.57 %

L&T Metro Rail (Hyderabad) Limited

4.11 %

Sector Allocation

About the Scheme Type

Medium Duration Fund

Medium Duration Funds invest in debt and money market instruments wherein the portfolio’s Macaulay Duration should be between three to four years. Given that these funds do not have equity exposure, it reduces the risk factor and is generallysuited for investors whose investment horizon is 1 – 3 years and are looking for just better than nominal returns.

Generation of ideas: L&T Mutual Fund’s analysts and fund
managers are actively on the hunt for identifying new ideas. For
equity investing, the search spectrum includes investment team
meetings, meetings with a company's management, suppliers,
industry experts, regulators, external research, competitors and
reports. And in the case of fixed income funds, investment
ideas are born out of team strategy meetings, in-depth interaction
with issuers and market participants, macro analysis
and internal and external research ideas.

Evaluation of companies: Filters such as liquidity, market
capitalisation ownership and other parameters help identify
opportunities, which are then thoroughly evaluated for
profitability, business attractiveness, competitive positioning,
balance sheet strength, management track record, corporate
governance and valuations for equities. Thorough credit or
issuer analysis and macro analysis underpins the evaluation
framework for identifying issuers and instruments for fixed
income portfolios.

Manufacturing or Monitoring of portfolios: Among all the ideas
that are generated and evaluated, the fund manager picks
those that have the most potential. Portfolios are monitored
continuously to ensure that they are positioned to meet their
investment objectives and are within the set risk framework. A
fund manager may decide to exit a holding on achieving the
price target or for other reasons such as weakened business
prospects or credit, or if better investment opportunities wait in
the wings.